If you have trouble flipping it quickly, which, you very well may depending on your area it could become a money pit and you would essentially be shooting yourself in the foot at the start line.

In front of the Good Will store at the main road they are trying to sell an out parcel right in the middle of the curb for development and it is literally down in a 75 foot hole.The whole design for this center was crap.

The engineer called for 3 foot footings, so I had to cut the concrete and dig down to pour the footings. 

As a recent college grad, I don’t have a lot of capital, so I have to get creative with how I can get my foot in the door.

@Brian Foote depends. 

It is small (21 units) but I am viewing it primarily as a way to get my foot in the door and show the community I am a closer. 

I recently did an evaluation on all properties that met my definition of bread and butter - listed for sale in RI and Southern MA for less than $400k in both MLS’s (ran a query and exported results for each) and was surprised to find that on average the cost per sq foot (list price compared to living space) on average was higher in RI than Mass.I am looking for fix and flips and am always looking for property with low sq dt to list price ratios.

Always exciting when you get the keys and walk into a new property you now own, yeah?  Spent the day yesterday with Tanner and Tim (See #E below) doing some serious cleanout of previous owner's stuff and prep on my ne...

Just trying to figure out the mechanics so I don't shoot myself in the foot.

Bingo